Rockingdeals Circular IPO vs Sheetal Universal IPO

Comparison between Rockingdeals Circular IPO and Sheetal Universal IPO.

IPO Details

Rockingdeals Circular IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Rockingdeals Circular IPO is up to ₹19.81 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of Rockingdeals Circular IPO is ₹140.00 per share and of Sheetal Universal IPO is ₹70.00 per share.

 Rockingdeals Circular IPOSheetal Universal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹136.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹140.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size14,15,000 shares32,28,000 shares
Fresh Issue Size (Amount)up to ₹19.81 Crup to ₹22.60 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,15,000 shares32,28,000 shares
Issue Size Total (Amount)up to ₹19.81 Crup to ₹22.60 Cr

IPO Timetable

Rockingdeals Circular IPO opens on Nov 22, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Rockingdeals Circular IPO and Sheetal Universal IPO is Nov 24, 2023, and Dec 06, 2023, respectively.

 Rockingdeals Circular IPOSheetal Universal IPO
Anchor Bid DateNov 21, 2023
Issue OpenNov 22, 2023Dec 04, 2023
Issue CloseNov 24, 2023Dec 06, 2023
Basis Of Allotment (Tentative)Nov 28, 2023Dec 07, 2023
Initiation of Refunds (Tentative)Nov 29, 2023Dec 08, 2023
Credit of Share (Tentative)Nov 29, 2023Dec 08, 2023
Listing date (Tentative)Nov 30, 2023Dec 11, 2023
Anchor Lockin End date 1Dec 28, 2023
Anchor Lockin End date 2Feb 26, 2024

Financials & KPIs

Rockingdeals Circular IPO P/E ratio is 33.33, as compared to Sheetal Universal IPO P/E ratio of 27.34.

 Rockingdeals Circular IPOSheetal Universal IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets14.3712.2713.9718.63
Total Income9.5815.1815.3310.70
Profit After Tax1.251.540.14-0.01
NET Worth8.186.935.395.39
Reserves and Surplus4.516.815.275.27
Total Borrowing3.733.934.064.12
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.7028.0416.0312.72
Total Income58.27131.6639.8438.84
Profit After Tax1.881.990.280.25
NET Worth10.476.494.504.22
Reserves and Surplus2.412.991.000.72
Total Borrowing14.6313.569.856.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.4595
Promoter Shareholding (Post-Issue)65.0066.81
P/E Ratio33.3327.34
Market Cap₹79.23 Cr.₹80.19 Cr.
ROE25.05%36.17%
ROCE22.73%21.59%
Debt/Equity2.09
EPS₹4.20₹2.56
RoNW22.26%30.63%

Shares Offered

In the Rockingdeals Circular IPO Retail Individual Investors (RII) are offered 5,00,000 shares while in Sheetal Universal IPO retail investors are offered 5,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,80,000 shares in Rockingdeals Circular IPO and in Sheetal Universal IPO.

 Rockingdeals Circular IPOSheetal Universal IPO
Anchor Investor Reservation4,20,000 shares
Market Maker Reservation85,000 shares1,72,000 shares
QIB2,80,000 shares
NII2,15,000 shares16,14,000 shares
RII5,00,000 shares16,14,000 shares
Employee
Others
Total14,15,000 shares32,28,000 shares

Bids Received (Subscription)

Rockingdeals Circular IPO subscribed 213.64x in total, whereas Sheetal Universal IPO subscribed 179.20x.

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